Pentagon Locks in Boeing Deals for Standard Missile-3 Components
The Pentagon has signed framework agreements with Boeing and RTX to expand production of critical components for the Standard Missile-3 (SM-3), a key part of the Navy's ship-launched ballistic missile defense system. The deals cover avionics and ejector assemblies supplied by Boeing to prime contractor Raytheon, an RTX business, for both the SM-3 Block IB and the newer Block IIA.
The frameworks run for seven years and allow Boeing to start building components before a contract is in place, while the three sides negotiate a multiyear deal. The long-term commitment aims to provide suppliers with enough certainty to invest in added capacity.
Neither the Pentagon nor Boeing released dollar figures or quantities for the agreements. However, the approach mirrors a seven-year deal Boeing struck in April to triple production of PAC-3 Missile Segment Enhancement seekers.